The Apple Watch will enter mass production in January and we can expect it to be released around Valentine’s Day in 2015, which could make for a good V-day gift. Even though other smartwatches have entered the market, this one is highly-anticipated. It is from Apple after all.
Which means they will probably sell a ton of units. No question about that. However, Piper Jaffray analyst Gene Munster said that they should expect conservative sales of the Apple Watch during its first year. He explains that “consumer application may be limited initially, until developers begin to create useful applications for the watch.”
You might remember that the iPod took a couple of years before it became the icon that it is today. Munster also predicts that Apple will sell 10 million units of the Apple Watch during the first year and is he expects an average price of $500. That may be right. We don’t know because Apple has yet to announce the price of all its models. We only know that it will begin at $350. Other industry estimates have put it around 3 million smartwatches that will be sold in total, so we will see who is right in time, after it releases.
Source UbergizmoFiled Under: Apple